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great to raise money for the great cause of education and everyone's dreams. >> mario gabelli with me here in new york city. michele, i'll be back on the "closing bell" tomorrow and i'll send it to you for now. >> tell mario he looks great in a sash. >>> oil and gasoline futures falling today. will we see gas prices at pump follow suit? sharon epperson at the nymex with the details. >> we're finally seeing, michele, some relief here in terms of gasoline futures prices. the first loss we've seen in about three days' time. meanwhile, it's a mixed picture in the oil market. u.s. oil prices are lower but we're looking at brent crude holding pretty steady here. in light of what has happened in california in the last 24 hours, the fact the california governor put in the ability to have winter grade gasoline there a little earlier than usual, that may be something that's causing gasoline futures to fall. but we are looking at prices at the pump. some say could drop also. really depends on what happens there. that's the wild card that could send prices higher through election day. back to you
great to raise money for the great cause of education and everyone's dreams. >> mario gabelli with me here in new york city. michele, i'll be back on the "closing bell" tomorrow and i'll send it to you for now. >> tell mario he looks great in a sash. >>> oil and gasoline futures falling today. will we see gas prices at pump follow suit? sharon epperson at the nymex with the details. >> we're finally seeing, michele, some relief here in terms of gasoline...
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let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> outspoken billionaire and nba team owner mark cuban slamming a ceo's letter to employees saying their jobs are in jeopardy if president obama wins re-election. robert frank has the latest on the news today. robert. >> thanks, michelle. david siegel's e-mail touched off an online fire storm after we first reported it yesterday morning. this was the e-mail in which the westgate resort ceo told his employees if obama is elected i might have to lay off all my workers or shut down the company and fire all 7,000 of them. yesterday, david siegel told us he wasn't threatening his workers, just educating them. mark cuban isn't buying it. he said he thinks siegel's e-mail shows perhaps poor judgment. telling or forcefully suggesting how your employees should vote is the exact way to create problems among your workers and reduce productivity, he tweeted. i received calls from many westgate employees yester
let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> outspoken billionaire and nba team owner mark cuban slamming a ceo's letter to employees saying their jobs are in jeopardy if president obama wins re-election. robert frank has the latest on the news today. robert. >> thanks, michelle. david siegel's e-mail touched off an online fire storm after we first reported it yesterday morning. this was the...
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let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> welcome back. let's do it. our top three trades. softbank striking that deal with sprint to buy up to 70% of the for just more than $20 million. look at the list. here is sprint giving back three quarters of a percent. >> real interesting deal here, scott, because you heard the rumors and this deal has been talked about for so long and you kept hearing 70%. >> forget the rumors, you heard david faber report the news been the companies did. >> great job by david. a lot of people were valuing this stock over $7. sprint is actually trading lower. the company is going to sell stock at $5 -- a portion of the deal is being done at $5.25. it's not all being done at $7.30. the stock is not having the huge rally people were looking for. >> an unconfirmed report amazon is in advance talks to buy the mobile chip business of texas instruments. does that make sense? >> it makes perfect sense. for am zob it's
let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> welcome back. let's do it. our top three trades. softbank striking that deal with sprint to buy up to 70% of the for just more than $20 million. look at the list. here is sprint giving back three quarters of a percent. >> real interesting deal here, scott, because you heard the rumors and this deal has been talked about for so long and you kept hearing...
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let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. to a world of super-connected intelligence. the potential of freescale unlocked. nyse euronext. unlocking the world's potential. to investing with knowledge. the potential of td ameritrade unlocked. nyse euronext. unlocking the world's potential. >> steven, you got 30 seconds. >> thank you. we will most likely expect low volatility you continue low volume in the u.s. stock market but we are expecting with earnings season beginning tomorrow, excluding alcoa, could accept lower earnings expectations, which is the worst postrecovery we have seen in a recession in a long time. we need to recommend cautious optimism. >> all right. chad, over to you. >> two things for tomorrow, alcoa, reporting after the close, expect about a 13% decline in revenues as well as the nfib small business survey is going to come out. that is going to be a little bit bettha
let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. to a world of super-connected intelligence. the potential of freescale unlocked. nyse euronext. unlocking the world's potential. to investing with knowledge. the potential of td ameritrade unlocked. nyse euronext. unlocking the world's potential. >> steven, you got 30 seconds. >> thank you. we will most likely expect low volatility you continue low volume in...
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let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. thank you, mr. speaker, uh, members of congress. in celebration of over 75 years of our government employees insurance company, or geico...as most of you know it. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newcaster: breaking news. the gecko is demanding free pudding. and political parties that are actual parties! with cake! and presents! ah, that was good. too bad nobody could hear me. geico. fifteen minutes could save you fifteen percent or more on car insurance. [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >>> i haven't seen this video yet. >> i haven't seen it either. >> this past sunday a bull fight in
let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. thank you, mr. speaker, uh, members of congress. in celebration of over 75 years of our government employees insurance company, or geico...as most of you know it. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newcaster: breaking news. the gecko is demanding free pudding. and political parties that are actual parties! with cake! and...
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so my educated guess is that once the troica report is on the table, they will say whatever the greek government could do it has done and there will probably be time relief somewhere down the road because that's the easiest thing for merkel and others to push through. others have gotten that cou courtesy, why shouldn't others get. >> draghi said we're collectively thinking about issuing minutes from their meeti meetings. long overdue? >> yes, long overdue in a way. but the ecb defense line has always been because we're a young central bank, we're not the bank of england, we're not the fed, we want to keep the pressure out of the governing council and we don't want to have somebody put in the corner and say you voted against your country. we think the greeks are automatically doves and italians and spaniards and austrians and germans are always the hawks. i know for many people it isn't like that in the discussion. we know it's a very clear discussion in terms of omts and bond purchasing. so i think so the timing of publishing minutes might not quite be the right one, but other than th
so my educated guess is that once the troica report is on the table, they will say whatever the greek government could do it has done and there will probably be time relief somewhere down the road because that's the easiest thing for merkel and others to push through. others have gotten that cou courtesy, why shouldn't others get. >> draghi said we're collectively thinking about issuing minutes from their meeti meetings. long overdue? >> yes, long overdue in a way. but the ecb...
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building a platform and then from that start to build the whole brand awareness and doing a the lot of education which we've been doing here, as well. we'll do it as well in the new markets. it will be a challenge, but exciting, as well. there's a lot of know how already and interest in environmental methods in the new markets. i always say the population issen come fronted with environmental issueses on a daily basis. so there's a very i'd say high level of interest in making sure that there's an improvement in environmental performance. >> and you're a european baseded manufacturer. you have these elocate logical fa ecological factors. how are you able to keep your costs down at a time when it must be so much less expensive to be producing in asia or cheaper parts of the world? >> that's one of the reasons why ecover is still in the market with a premium. and we're facing indeed quite a tough challenge always to keep up with the conventional products because not necessarily because of the cost price of the product itself because that's just a minor point, but keeping up with the promotional al
building a platform and then from that start to build the whole brand awareness and doing a the lot of education which we've been doing here, as well. we'll do it as well in the new markets. it will be a challenge, but exciting, as well. there's a lot of know how already and interest in environmental methods in the new markets. i always say the population issen come fronted with environmental issueses on a daily basis. so there's a very i'd say high level of interest in making sure that there's...
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let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> if you want to get rich, forget wall street and go there -- to washington, d.c. because we've got a new look at just how wealthy congress really is and, more important -- how it is getting rich. our wealth editor robert frank is with us. this story literally blew my mind. >> it is amazing when you look at these numbers. more than half of the members of congress are in fact millionaires. many have seen their fortunes increase even during the recession. a report today from the "washington post" says that 253 members of congress are millionaires. their median net worth for the house is $746,000. for the senate it is $2.6 million. now wealth is spread equally between the gop and dems. 72 members have doubled their wealth since 2004. 73 of them have helped draft laws that help their companies or industries. voters are talking more and more about crony capitalism. to be fair, members of congress aren'
let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> if you want to get rich, forget wall street and go there -- to washington, d.c. because we've got a new look at just how wealthy congress really is and, more important -- how it is getting rich. our wealth editor robert frank is with us. this story literally blew my mind. >> it is amazing when you look at these numbers. more than half of the members of...
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let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> all day today we are taking a deep dive into the potential outcomes for the house of representatives following the november election, specifically an overview of the house, how many races are close and what will it take for democrats to win and for republicans to hold on. it is hard to predict anything with the way the down ballots are changing. >> absolutely. we have seen the presidential rate topsy-turvy. the house democrats have been anxious to get control of the house of representatives, but this comes with a big caveat, they believe that is an uphill battle going into november's election. let me break it down by the numbers, you can see why that is such an uphill battle for the democrats. the current house makeup is 241 republicans, 194 democrats. you need 218 seats, that's the magic number for the majority in the house of representatives. that means the democrats, depending how you count t
let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> all day today we are taking a deep dive into the potential outcomes for the house of representatives following the november election, specifically an overview of the house, how many races are close and what will it take for democrats to win and for republicans to hold on. it is hard to predict anything with the way the down ballots are changing. >>...
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the word you picked, this is free association here, it is education. we throw out education. what do you say? >> i say that we have a serious crisis in america in educating our children in public schools. if we don't address it, all the problems we see now are minor to what the problems will be 10 or 15 years down the road, but i have a great belief in the american people and truly believe we'll address these issues. i think we'll get to them a lot quicker if we have a change in the white house. that's why i'm enthusiastic and so aggressive in doing what i can to help the man get elected, mitt romney get elected president. >> what does he do immediately to fix things or that immediately starts the change in the works? >> well, i think we have a more objective look at what needs to be done in education. i don't mean to beat up on the unions, i don't want to do that, but the fact of the matter is that we have to hold our teachers to a higher level of accountability if we are going to move the needle for the kids. the
the word you picked, this is free association here, it is education. we throw out education. what do you say? >> i say that we have a serious crisis in america in educating our children in public schools. if we don't address it, all the problems we see now are minor to what the problems will be 10 or 15 years down the road, but i have a great belief in the american people and truly believe we'll address these issues. i think we'll get to them a lot quicker if we have a change in the white...
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he was just trying to educate them. he said, "what does threaten your jobs is another four years of the same presidential administration." back to you, simon. >> i'm just having difficulty with two facts that you just gave me, on the one hand he's saying i have enough money to give up my business and for me to live in the caribbean. >> we don't know that's a fact. >> -- with my family and my children, and they will be fine, and on the other hand he's complaining he's taxed to death. given that he's come back from bankruptcy so rapidly, that seems unlikely to me. >> he wasn't in bankruptcy but you know, you put your finger on it, simon, the reason this e-mail is so explosive is this is the man who built the largest home in america, 90,000 square feet, saying the government spends too much and that he is taxed too much. he also says this is really not about his own personal finances but really about his workers. now he also told me that he had to lay off 5,000 of his 12,000 workers. he only has 7,000 left and that was lar
he was just trying to educate them. he said, "what does threaten your jobs is another four years of the same presidential administration." back to you, simon. >> i'm just having difficulty with two facts that you just gave me, on the one hand he's saying i have enough money to give up my business and for me to live in the caribbean. >> we don't know that's a fact. >> -- with my family and my children, and they will be fine, and on the other hand he's complaining he's...
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let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. mike rowe here at a ford tell me fiona, who's having a big tire event? your ford dealer. who has 11 major brands to choose from? your ford dealer. who's offering a rebate? your ford dealer. who has the low price tire guarantee... affording peace of mind to anyone who might be in the market for a new set of tires? your ford dealer. i'm beginning to sense a pattern. buy four select tires, get a $60 rebate. use the ford service credit credit card, get $60 more. that's up to $120. where did you get that sweater vest? your ford dealer. >>> been a busy couple of weeks for barnes & noble with the announcement of its two new tablets, the nook hd and income hd plus. the bookseller closing its $300 million deal with microsoft, forming the nook media subsidiary. william lynch is the ceo of barnes & noble, he joins us now. nice to see you again. >> good to be here. >> you closed the deal. microsoft put its mone
let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. mike rowe here at a ford tell me fiona, who's having a big tire event? your ford dealer. who has 11 major brands to choose from? your ford dealer. who's offering a rebate? your ford dealer. who has the low price tire guarantee... affording peace of mind to anyone who might be in the market for a new set of tires? your ford dealer. i'm beginning to sense a pattern. buy...
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let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. it's another reason more investors are saying... mike rowe here at a ford tell me fiona, who's having a big tire event? your ford dealer. who has 11 major brands to choose from? your ford dealer. who's offering a rebate? your ford dealer. who has the low price tire guarantee... affording peace of mind to anyone who might be in the market for a new set of tires? your ford dealer. i'm beginning to sense a pattern. buy four select tires, get a
let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want...
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let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. ♪ [ male announcer ] the exceedingly nimble, ridiculously agile, tight turning, fun to drive 2013 smart. ♪ >>> "squawk on the street." i'm sharon epperson at the nymex. energy prices lower. great concern about energy prices. the eu hit a run with new financial sanctions with nothing between done and also transactions, also embargo that the oil embargo that came in effect in july now add to that. there will be tighter restrictions on oil tanker traffic and also a ban of imports to the eu of natural gas. natural gas futures are the steepest fall in the energy complex. a lot of that has to do with what is happening in the u.s. with the warmer temperatures coming up as well as the fact that we have seen a number of funds in their short positions being raised. we are looking at natural gas as the leader here on the downside but weakness across the board in the energy complex, karl. back to you. >> sh
let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. ♪ [ male announcer ] the exceedingly nimble, ridiculously agile, tight turning, fun to drive 2013 smart. ♪ >>> "squawk on the street." i'm sharon epperson at the nymex. energy prices lower. great concern about energy prices. the eu hit a run with new financial sanctions with nothing between done and also transactions, also embargo that the oil...
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let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. then don't miss sleep train's wbest rest event.st ever? you'll find sleep train's very best mattresses at the guaranteed lowest price. plus, pay no interest for 3 years on beautyrest black, stearns & foster, serta icomfort, even tempur-pedic. and rest even better with sleep train's risk-free 100-day money back guarantee. get your best rest ever from sleep train. superior service, best selection, lowest price, guaranteed. ♪ sleep train ♪ your ticket to a better night's sleep ♪ >>> in case you haven't heard, it is debate night in kentucky. and kentucky is where we find john harwood. >> david, we've got an interesting race since the first debate last week in denver, mitt romney's closed. we've got some new nbc/"wall street journal"/maris polls out this morning that show, first of all, you've got a challenger that's tied with the president, up one in virginia, down one in florida. that's essential
let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. then don't miss sleep train's wbest rest event.st ever? you'll find sleep train's very best mattresses at the guaranteed lowest price. plus, pay no interest for 3 years on beautyrest black, stearns & foster, serta icomfort, even tempur-pedic. and rest even better with sleep train's risk-free 100-day money back guarantee. get your best rest ever from sleep train....
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let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. ♪ >>> citigroup making a big bet on the united states. the firm upgrading u.s. stocks to overweight. so why is citi so confident? joining us on the set, tobias, good morning. >> good morning, how are you? >> i'm actually slightly confused. spent much of the morning poring over this research. cnbc producers go swinging in all directions with excitement. you sat here, one month ago today, the 12th of september, and you said to us that your year-end target for next year was 1615 on the s&p. so a look at this thundering new vote. now you've upgraded u.s. secretaries equities 1615. the target is the same. i don't understand. what's going on? is this about downgrading japan? >> i think part of it is about downgrading japan. part is the earning revision momentum, changes around the globe, where the u.s. was where everybody else was, if you went back a few weeks ago. as everybody was downgrading earnings
let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. ♪ >>> citigroup making a big bet on the united states. the firm upgrading u.s. stocks to overweight. so why is citi so confident? joining us on the set, tobias, good morning. >> good morning, how are you? >> i'm actually slightly confused. spent much of the morning poring over this research. cnbc producers go swinging in all directions with...
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let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. when we got married. i had three kids. and she became the full time mother of three. it was soccer, and ballet, and cheerleading, and baseball. those years were crazy. so, as we go into this next phase, you know, a big part of it for us is that there isn't anything on the schedule. [ male announcer ] the exceedingly nimble, ridiculously agile, tight turning, fun to drive 2013 smart. ♪ >>> stock of the day, today, netflix. morgan stanley upgrading the stock to overweight from equal weight. it doesn't see amazon's growing video business as a threat. >> our guest host today that be carly fiorina, the former chairman of hewlett-packard. the lead story in "the wall street journal" today is all about how a congressional investigation has found that whileway technologies is a national security threat and has likely broken u.s. law. they're advising u.s. companies not to do business with them. that's a hu
let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. when we got married. i had three kids. and she became the full time mother of three. it was soccer, and ballet, and cheerleading, and baseball. those years were crazy. so, as we go into this next phase, you know, a big part of it for us is that there isn't anything on the schedule. [ male announcer ] the exceedingly nimble, ridiculously agile, tight turning, fun to drive...